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Upstream US Q3 earnings calls likely to focus on capex direction, rigs, oilfield costs

October 5, 2023 Comments Off

A grab bag of capital budgets, rig counts, oilfield costs, production trends and commodity price trajectories are likely the main topics of upcoming third-quarter US upstream earnings conference calls — but uncertainties in outlooks for some of these topics are yielding some contradictory projections. Upstream conference calls, from late October to early November, typically occur as oil and gas operators…